Re: House Passes Sweeping Student Loan Market Overhaul
Originally Posted by jallman
Wow...that really does suck. I'm sorry you got shafted with that kind of rate, man. As I said, my two were at 2.2%.
Did you get the standard 6 months after college to start paying them back? I paid on my all through college but I think they gave 6 months after your last enrollment before you were actually obligated. I may not be remembering that correctly though.
I probably ought to check josh's loans and see what he got shafted with now. LOL
Yea, 6 month grace period for the gov loans (compared to 9 months for the private) so it's not too bad. It also helps that about half are the subsidized, so they haven't been accumulating interest for the past 6 years. The gov policy ensures one thing - after graduation, they'll get paid off first.
People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.